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If Pina Colada Corp. issues 6000 shares of $10 par value common stock for $367000, the account Paid-in Capital in Excess of Par Value will

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If Pina Colada Corp. issues 6000 shares of $10 par value common stock for $367000, the account Paid-in Capital in Excess of Par Value will be credited for $367000. Cash will be debited for $367000. Common Stock will be credited for $307000. O Paid-in Capital in Excess of Par Value will be credited for $427000

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